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of course. so trying to -- china is a much interest in canadian energy and natural resources. we are very much interested in building trust, strategic trust and cooperation with china. and from enable perspective, of course, i'll give you one sort of anecdote. you were referring to this the islands, two months ago i attended the western pacific naval symposium hosted -- and have the opportunity to sit between the deputy commander of the people's liberation army navy, and the commander of the ambassadors japanese maritime self-defense force, a euphemism for the japanese navy. it was at a time when the island was leading on cnn and bbc. i thought as i was sitting between two them there's an opportunity for a canadian to do something extraordinary from an naval diplomatic perspective and put this thing to bed. [laughter] >> how did that go? >> not too well, not too well. [laughter] which is my point. i spoke with the chinese admirals interpreter. i spoke with admiral commander in english, a great conversation. but never was the bridge build or even considered. and i think one of the key issu
would not yield in territorial fight with china and would increase defense spending if necessary. at the same time, he said he would do more to mend economic ties. he said if deflation persists he might delay the hike in the consumption tax. he has piled the pressure on the central bank to do more to ease monetary policy. he has said the government policy of phasing out nuclear power by the 2030s is unrealistic and irresponsible. >> so how about all these new parties that we're hearing about? >> well, voters who are tired of the establishment could support what are known as the third force. former tokyo governor shintaro ishihara leads the restoration party. its candidates are asking voters why they would return power to the ldp simply because they are dissatisfied with the dpj. restoration party candidates promised that they would change japan fundamentally. they have attracted followers with promises to lessen the role of government and promote more free-market competition. but, you know, we are only on day one, so we are going to have to wait and see how all these factors play
about manufacturing matt? the numbers came in solid for china, not so good for the u.s. there was a bit of a slip. > > i think some of that is the concern. but at least the silver lining is positive for china. but realize, china is $8 trillion. our market is about twice the size. so we really need those manufacturing numbers to kick in next year. but of course there have been so many good confidence and housing numbers to sort of buttress that weaker number yesterday. > what is your stock strategy in the current market? > > i think the big question everyone has to ask themselves is, do i need microsoft, cisco, and intel in my portfolio? they have been laggards for years. microsoft at least has been paying some good dividends. it's kind of appreciated somewhat over the past couple of years. but you know, that pc market is not really happening; it's all the tablets and the smartphones. so, you have to ask yourself, next year, do i keep these stocks in my portfolio? so many people own them. > yes or no? what is the answer? > > i am going to give them another year, but intel is really on th
history tv on c-span3. >> china's emerging global power and maritime strategy were the focus of a panel discussion at the halifax international security forum. panelists discuss the territorial disputes involving japan in the east china sea, cybersecurity and international diplomacy. this is an hour, ten minutes. >> welcome back, everybody. this session for miscalculation, china and the rise of confusion or confucianism. i'd like to hand over to steve clemens who's moderating this session. .. >> thank you all for joining us. when i was thinking about the title today and thinking about our panel, it occurred to me, and i went online to find a chinese event that is being held right now looking at u.s. grand strategy, canada, japan and india. there are no canadian, japanese americans or canadians on china's panel. don't have any chinese with us today but we should have a lot of fun discussing that our national strategies but involving in the asian pacific region and with china but i want to acknowledge that that voice wasn't with us today. that might give us more room to run. because we do
with china, trying to get a--by 2020, seven years from now, an agreement in to reduce emissions by 17% by 2020 with china. it is aggressive. it is progressive, and you know, we talked a lot during the campaign. >> cenk: is he going to be the d block, the aggressive progressive. >> i don't know if he heard of that before, but you can have the politics of a wink and a nod is what we talked about during the campaign. i think this is that. he did not speak about climb change. it was brought up to him once after being re-elected. but now he's doing something and he's doing it quietly but he's doing it. that's important and that's what we didn't expect. >> cenk: that's probably the most encouraging thing i've heard out of all of this. he didn't make a big deal out of it. it appeared that he was laying low and he wasn't doing much. and china and india won't do because. they use the u.s. as an excuse. and since copenhagen voluntarily agreement emissions have done nothing but go up since last year. now that the president is reaching out to get a deal, we don't know if they're going to get it.
in china. they have a voracious appetite for natural resources and we're looking at new ways to get these in our own backyard, and maybe i will ask you this question, admiral. admiral, maybe i will ask you this question. how important is the china factor in america energy program's going forward? >> i will talk to doubt, but i would like to mention a few puffs things about this report that may not have come out in your opening remarks. we definitely advocating opening of drilling in the united states where we cannot, but there is a -- wherever we can, but there is a very strong part of this report that says it has to be done safely and we know how to do it safely. that is one contribution of those of us who have served in the armed forces, we do a lot of dangerous stuff in the armed forces, fuel, nuclear power, explosives. the way we do that safely is a high standards, rigid enforcement, and very professional inspectors to do it. we strongly recommend applying this model to regulatory body so that we can do this safely, so that we can do oil retractions safely. that we can do safel
aren't you shopping? i question your patriotism. >> i bought enough stuff from china and thrown it away already. >> right now for valentine's day shopping we have to solve that long beach strike. >> clerical workers. >> you can't get things i want to start shopping for for valentine's day the moment christmas and hanukkah is over. you have to start shopping for the next day. that will be constrained because of the port strike. >>> when we come back, house majority whip kevin mccarthy did sign this offer from the gop. can he convince the white house to back the republican solution to the fiscal cliff? one more look at futures on a tuesday morning as melissa said. not a lot of data today. just wait until the next three days. it all starts with adp, jobs coming up later this week. more "squawk on the street" back in a minute. bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy
that you or some see as much as a 50% gain on, and that's a whole country, china. china's been beaten down so much over the past year, that some people are expecting a 50% rally. what do you think about china investment right now? >> i'll tell you, ddve, one thing about china that we noticed is every since the national congress went by them, there was not a stimulus coming from them, the stock market got hammered, even though the economic data gets better. they are one of the worst emerging markets so far year to date. with the lower chains of stimulus, investors pull out. money going into is the chinese shares. what are the shares? the hong kong proxy for the market. foreign investors, like hedge funds, short the market, and they are covering shorts now. carson black is a short seller bear own china and he covered all the chinese shorts. right now, there's a noted technician out there in the market, tom demark, a lot of the faster hedge funds listen to him. he said yesterday, you know what? there's a good chance of a 50% jump in shanghai composite. david: where do you put your money? >> t
concerns that china, russia, and others will seek new limits on internet access. the head of the u.n. regulatory agency insisted such claims are "completely untrue." concerns about flooding eased in northern cifornia today, despite heavy downpours over the weekend. the region has had three powerful storms in the last week. as much as an inch of rain an hour fell in some communities yesterday. rivers swelled, but the storm moved faster than expected so flooding wasn't as bad as it could have been. still, strong winds downed trees, leaving some 57,000 people without power. some 20,000 public school students in five states will spend more time in the classroom next year. they're part of a pilot program announced today in colorado, new york, massachusetts, connecticut, and tennessee. a total of 40 schools will add ateast 300 hours to the standard school calendar. the goal is to see whether more time will make american students more competitive on a global level. britain welcomed news today that prince william and his wife catherine are expecting their first child. the announcement said
. >> which might be a slightly better outturn. china seems to be back on track. is there anything in europe -- what's the tail risk at the moment? >> i think there's two things that could still go wrong in europe. one, there's always political risk. in italy, you do have elections coming up. there's a chance getting a higher share than people anticipate. but even then, the financial forces are going to force any government that comes into power to more or less stick to the plan morsi set out. on the other hand, there's always spain, the worries that with 25% unemployment, that you would see the default rate particularly on residential mortgages shoot up, it's 3% now, which is pretty amazing given the struggles within the economy, but we think it will go up somewhat, but really not any more than people have already priced in. >> and then ten year yields, 5.24%. at the moment, relatively speaking, pretty comfortable. >> maybe a little bit too comfortable and we certainly don't want to get complace complacent.yields are where they were say in march of this year and then subsequently they shot
in china is expanding again. that means that german companies can hope for new orders from china again, and the markets here can hope for new chinese money to be invested soon into german assets. >> let's take a quick look at some market numbers. the dax ended the day almost 1/2 of 1% up. the euro stoxx 50 closed up at 2582. the dow jones is currently going down about 1/4 of 1%. the euro is trading $1.3660. we turn our attention to syria, where the human cost of the civil war is not limited to loss and destruction inside the country. some half a million summer -- syrians are refugees in neighboring countries. >> for those studying abroad in europe, the anxiety about the safety of their loved ones can beat all consuming -- can be all-consuming. >> this man is torn between remaining where he is and returning to war-ravaged syria. he has been studying medicine in germany for five years and is now doing his residency. he is having trouble concentrating on his professional career. his family can no longer support him financially. that means he spends long hours at the hospital perform ultra
was booming in the united states, up 26%. that rise outstripped even the increase seen from china. german cars especially remained popular overseas. i of german exports continue to sell at this rate, they could reach a record 1.1 billion euros for 2012. >> how did companies react to the export news, and what does that mean for investors? our correspondence sent us this report from the frankfurt stock exchange. > germany's exporters are still reporting strong profits, but companies which mainly depend on the european markets are preparing for tougher times. truckmaker m.a.n. announced that it is planning to reduce capacity by ordering more than five dozen workers to work reduced hours. news like this limits the upward potential, just like the discussion in united states about tax increases and spending cuts. each time a solution between democrats and republicans seems to become a bit less probable. investors are getting nervous again, also here in frankfurt. >> let's take a quick look at some market numbers now. the dax closed just a tad down at 7435. euro stoxx 50 closed about 0.3% up. the dow
to send jobs to china and india but almost as if obama wants to do that. at least if w went over the cliff, we would get the sequester, which is the budget wonk term for automatic reductions in the growth of spending. melissa: absolutely but i'm not sure republicans are giving in as much as you think. ifou drill down on the details, as soon as i saw 800 billion in new x revenue, my immediate question did they give on the point of marginal rat d from the language it doesn't look like. more a tax code basically closes loopholes. they employ all the euphemisms to say you will get rid of deductions. sounds like that is where the 800 billion in new revenue isoming from. they didn't give on marginal rates at all. >> that is good news but only good news in the nse we're not traveling as fast in the wrong direction. you're talking about giving more money to the least competent pele in america, the politicians in washington. you're talking about giving them the extra money so they could have bigger government. the fact that they're taking that money frommus in a less bad way i suppose that is good
.d. in economics and if the economy is moving one way or another like china you might see copper moving lower but for the moment it needs to be that one area that sees a little strength. in terms of the broader market let's look at stocks would fall as a classes covered for you. it is a mixed bag. you can see microsoft straddling the flat wine. otherwise mcdonald's moving higher, banc of america, decent tech names like hewlett-packard flexing their muscles as well. hewlett-packard jumping 3%, $0.56, bottom fishing going on there, some of the story and until up nearly 2%, verizon and at&t are the weak links along with jpmorgan chase. traders at the stock exchange, cme group and nynex, gold traded as well, when gold dropped $26 overnight and continues through the day what was it like, floor? >> those guys were pretty busy today but $26 is not a huge move for $1,700 product. but clearly something is going on. liz: if it goes below $1,700 which is one of those levels gold bugs look at, that becomes a big deal. >> people have a love affair with round numbers. they get infected, $90 crude or $70 go
that that causes, particularly in an era where rising demand for petroleum in china and india and elsewhere is creating potential conflict for these resources, then you have to recognize that transportation has to be diversified away from petroleum where the prices are set on the world market. canada and norway have been net petroleum exporters, but they pay in those countries the same market price for a gallon of gasoline as we do. so you must diversify, and that includes electrification of short-haul transportation, light-duty trucks and vehicles, and the adoption of natural gas either in its lick if i quide or compressed forms for heavy-duty vehicles and over the road vehicles. but taken as a whole if the recommendations of the eslc are adopted, the united states has the potential to reduce our dependence on imported petroleum and thereby reduce our national security risk to improve our balance of payments and about half of our balance of payments deficit remains petroleum, and to increase our g.d.p. by the maximization of these activities in the united states rather than exporting our d
before. foreign ministry officials met separately with envoys from japan, the united states, china and russia. it's believed they discussed ways to cancel the launch. the ships have technology to track missiles. they're also considering raising the country's alert status by one notch. >>> euro zone finance ministers approved a loan just last week. now the greeks have announced one way they will use the funds. what's the latest? >> one of the requirements for greek receiving the bailout fund is they cut down their debt. they will buy back government bonds a t a discount. greek officials said on monday they will purchase the bonds from private financial institutions. they will pay 30 to 40% of the original price before the bonds mature. the announcement came a week after euro zone finance ministers agreed to offer 43.7 billion euros. that's about $57 billion. greek officials said the critor institutions will receive bonds issued by the euro zone's bail out fund instead of cash. the buy back program is a condition leaders must fulfill to receive the next cash infusion. the success dep
in the world. >>> it's time for another edition of animal round up. today we start in northeastern china. this is the national preserve. guess what video cameras picked up. siberian tigers and lepers. this is out in the wild. by the way, in the middle of the action between tigers and lepers there is a fox. what is interesting about the fox the fox is like i think somebody is watching me. who is that? hey. let me get out of here. maybe the fox is doing the walk of shame and got caught. they believe that the father and daughter. >> daddy daughter time. >>> let's move to thailand where baby is having bath time. she got a new pool and mommy is trying to teach it how to jump in. she is like i am going to play with the trainer and mom. i love how trying to get into the pool -- >> it is a baby pool. i would think they dug a pool in the enclosure but it is a baby pool. >> mom is showing her how to do it. you stand in here and cool off. >> what is interesting is that these elephants live at the elephant nature parkture is an 80-acre preserve. the mom was brought there because she was a victim of
you about how they delivered in china. they said china would be it's second largest market. schultz talked about getting ip to the tea business. i mention all of this to understand that starbucks doesn't go in for idle chatter when it goes in for these meetings. it has a track record of following through on these plans. we want to know how the us business is doing. and you need to hear about international. europe, don't forget, green mountain, it has been huge. starbu starbuck's should tell us what it is going to do with it's cash. they have the cash to do it. i prefer them to grow with the money. this is a major bone of contention. i think it is good. the bears, they seem to think that the coffee could be played out. starbucks will tell us about the new juice store concept. maybe it will give us insight to what could end up being one of the three top markets for the company india. i can't wait to hear about the projections about india. and of course they need to address teavana. i thought this could be a terrific move. seem to be quite popular. the earnings as early at 2013. not ju
. how is china doing? >> we are actually doing the best. just look at china. the chinese economy is actually not doing that well. there are a lot of complex. the new party just took over the control. there are a lot of things to figure out. the u.s. is in the best condition right now. we have to get past this fiscal cliff and move on. connell: we probably would be talking a lot more about china and the transition of power and how president obama is supposed to do without. when you say there are economy is not doing that great, does that mean it is in jeopardy of a tough all, or it will hang in there? >> i think it will hang in there. china, i think, will grow. reasonably, i have seen some analysts come out and be pretty bullish. their economy, the outlook is willing not that bright. although, they probably will not fall hard. china is sort of setting their status quo. i think the u.s., again, back to the u.s., they have to get their act together. connell: a few days after the end of the year. that is just silly, if you think about it. if we all know the answers, why do we have to
of the controversial central subway project. the muni chief wants tochl tend the line through china town, north, and into north beach as you can see on the map. he wants a station built at old pagoda theater. residents have been vocal. the current plan calls for tunneling to extend into the area so drilling can be used to excavate and be brought to the surface. he says the extension depends on funding for project. >> coming up takeout containers could get the squeeze in one city. >> and royal buzz over the reason the duchess of cambridge is in the hospital. it's a condition doctors not too worried about. >> and official baseball business that brought to san francisco. the news continues in one minute. >>> duke and duchess of cambridge are expecting an heir, she's being treated in a hospital for severe morning sickness. she can't keep down any food or drink. the royal family says the pregnancy is less than two months along. the child will be third in line to take the thrown behind prince william and his father. >> san francisco mayor ed lee and detroit mayor settled a friendly bet this afternoon
knew him to operate as a public servant and a person. he wanted to talk about the china town campus and talk about my background. he asked if we should build a campus, and i said it's something that we should do and there was certainly overwhelming support for the campus, but characteristic of his style and his principles he was never afraid to question power, or to question the popular way, and he had many good points, and that was very typical of what i have known him to be as a servant at city college. it was very difficult in his position, often being the one vote out of seven, often finding rubber stamping of a decision, fighting the way we were spending our money for ten years. ten years he was in a position most of the time alone trying to speak up and say why are we doing this? we're running the college into the ground. this shouldn't be the way things should be, and when i got into the board and i concluded the same thing and i said "milton god bless you". i couldn't have been here for ten years and put up with this stuff ." and he just laughed and smiled and thank go
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to clap for that. we'll run out of time. but this idea that because in bangladesh and china they accept working conditions that americans would not consider optimal that you can't ask for anything anymore because, hey, man, we'll just send our stuff over there. and i understand that but there has to be some sense of domestic policy that keeps that in there, yes? >> right. >> jon: well, i'm very glad. i would like the two of you, if i may, to keep you in a curio cabinet. because you are the two nicest people i think i've met. (laughter) and if i could just keep you in there and open it and go in and take a peek at you every now and then. (cheers and applause) warren buffett, it's on the back shelves now, "tap dancing to work." two of the nicest communists you will ever meet in your life. warren buffett and carol loomis. berkshire hathaway and "fortune" magazine. we'll be right back after this. (cheers and applause) úáé!é!é!é!&íki÷z÷z (cheers and applause). >> jon: that's our show, join us tomorrow night at 11:00. neil young will be joining us. here it is, your moment of zen. >>
, particularly the equities market. china, germany, the u.s. they can survive these crazy politicians. lou: tell important. what do you think we can expect? >> far less significance than it has in the past several quarters. in addition people pay less attention to it. lou: and the strength. >> i'm going to giie you a very positive thing. the housing industry in the u.s. is absolutely turned around. china is trying back. so you have three major underpinnings well these idiots are doing what they're doing. lou: okay. as always to agree to talk to you. at the box office, vampires in love. james bond with a slow holiday weekend. entertainment twilight finale pulling in 17 million. tops of the box office. the twilight saga breaking don part two has made more than $700 million worldwide. the latest bond flick making another 17 million. pulled in just about 870 million worldwide. the richest total ever in this series. coming in third. thirteen and a half million dollars for the weekend. up next, the fiscal cliff. a proposal of his own. the president. what does he think? is it a joke? we will take it up
out of african nations. >> last month, china's communist party selected a new president, and other leaders for the country. tuesday, at the center for strategic and international studies, the assistant secretary of state for east asia will discuss china's leadership transition and how it might impact u.s.-china relations. on c-span 3 at 5:30 p.m. eastern. >> at the new york state museum. this is our gallery that is dedicated to the history of september 11th and the attacks in new york at the world trade center. we decided with the gallery, to tell the story for the first moments of the attack, using objects and photographs from the world trade center site. this piece of steel from the south tower, floors seven threw nine, we put it in the place where the public can touch it. gives the visitor a tangible experience. this is the piece of steel from the north tower, floors 71 through 74. this is the dramatically bent piece of steel. this is the site of impact on the north tower, and you can see the openings where the windows have been and the pieces of the metal that would have held a
. tillerson will take home 205 shares of restricted stock. >>> manufacturers scoring deals in china. first solar will ship two -pmegawatts worth of its panels to china early 2013. sun power is buying a 25% stake for a solar panel and tracker venture in northern california. >>> she is one of the most notorious mean people out there. so why not make "vogue" editor anna win tour a u.s. ambassador? it making perfect sense. well, apparently to president obama it does. we're going to explain coming up. you can never have too much money. ♪ . having you ship my gifts couldn't be easier. well, having a tonf caons doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break fm the holiday stress. fedex office. melissa: we are joined by author and radio talk show goddess market to buy monica crowley and republican strategist. thank you for joining yes. both of you. first up, i love this story. the ambassador wears product. president obama is considering nominating a very fashionable 84 ambassador in the u.k. or france. tho
by most markets overnight. only china finished with gains as it is bouncing back from a four-year low. futures indicate a four-year low, no big moves but what we saw is them testing the 13,000 level but the nasdaq and s&p 500 all slipped a bit yesterday. oracle will play quarterly dividends and it is an effort to avoid tax hikes for its investors. it will pay dividends to total 18 cents a share. starting in january, they will tax it as order income unless they reach a compromise on federal spending. >>> time now 519, could it be a new job for hillary rodham clinton, after stepping down for secretary of state. >>> and the biggest gain for the head coach, why they are on a leave of accident tort team. >>> you can wake up every morning, get the top stories sent straight to your cell phone, every week day morning, 6:00 a.m. you can get your wake-up call by texting the word wake up to 70123. have a good night. here you go. you, too. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the deale
china will go grow as fast. then you have the united states uncertainty. suddenly they pull back. and then they don't know the personal tax grow, and they pull back. so what i try to talk more about is what our clients see than what we see. because what i think we add value, we see 30,000 market companies in the country and by hearing from them, we can help arctic could you what the what they're seeing and how they're behaving. >> that is one of his huge concerns that at this point, it's too late to save anything with 2013 blaurly for small businesses and their plans in terms of hiring. for 2014, you could be tinkering with that at that point if this pushes in to 2013. and take's that's the biggest t took away. we're really threatening 2014, too. >> i haven't heard so much that about the fiscal cliff. >> it was not just the fiscal cliff, it was time after time, the start of the debt ceiling talks and then they get pushed off, these are temporary fixes and it keeps coming. >> i guess one of the things that we kind of focus on is what happens after the fiscal cliff. because that ju
-american pig ass to china. >> pigbitch. >> stephanie: right. [ applause ] >> stephanie: so that's, you know, an ordinary day for me. how many all y'alls open your indexes and get stuff like that. >> not every day. >> stephanie: have you ever been called a pigbitch? >> never. >> you don't read your twitter feed either. >> stephanie: is that a problem? >> no. [♪ "world news tonight" theme ♪] >> stephanie: okay. i teased this, and then forgot to do it. you know what the latest obama conspiracy theory is? >> what? >> stephanie: that he is trying to get a third term. >> oh right. [♪ "world news tonight" theme ♪] >> stephanie: he'll need a third term to get the rest of your guns. >> oh. >> stephanie: quarter stands burry is now trying to cash in on some of the public's dislike of president obama. on monday over a listener previously devoted to newt gingrich's presidential campaign, he warned that president obama is secretly trying to seek a third term. [♪ mysterious music ♪] >> stephanie: he said the election was actually at steak was whether or not he will have a thi
we would send ms. anna wintour, do you think we'd send her to china? do you think we would pick her for our ambassador to china? it's a putdown of the europeans if they do this. it is a putdown to them in their moment of crisis. megyn: maybe we are secretly trying to redo british fashion. [laughter] >> well, it could use an upgrade, that's for sure. megyn: when she goes over there, she's going to have a couple of things on her plate. seriously, is it an important position? what will the ambassador to great britain likely be doing over the next four years? >> well, handling relationships with one of the closest allies in american history. megyn: but doesn't it get kicked up to the secretary of state or above? >> i don't think so. i think the details on the ground that are taken care of by the ambassador on the spot. and it's not just a choice of what color to wear, it's a choice of what role to play, how to play the british vis-a-vis the americans. it is the plum diplomatic job and in the american diplomatic service. you are ambassador -- the court of st. james. you have a mansion ri
petallides right there on the floor of the new york stock exchange. china, cracking down on money transfers at wynn macau casinos. i guess that wynn stock is going to be down? nicole: you are right. we're seeing the stock down nearly 4% here. this is not good news for them overall. basically china's new leadership cracking down on fast money moving. they are going to set rules where you can't -- restrict the limits on how much money can actually be taken out of the country. there are a lot of new rules that would be put in place. all of it is obviously for responsible gambling, but it seems to be a lot deeper than that. stuart: i've been to that casino in macau. i mean totally different from anything you will ever see on the strip in las vegas. i mean it is really really different. i will get to that a bit later. david: yeah, we're all interested in that story. stuart: i don't gamble. david: man oh man. [laughter] stuart: moving along, republicans counteroffer to president obama's solution to the fiscal cliff yesterday with a plan of 800 billion dollars in new revenue from tax reform, not f
. and the new regime is in china andpeople from three of the bigt operators. and the new regime is in china and stabbing of the regulation. tracy: it is like a vegas down there. all eyes are on the internet music service pandora whichh reports third quarter earnings after the bell today. dennis kneale tunes in now. law that. what is going on? dennis: wall street looking for torrid growth in sales when pandora reports today. profits not so much. wall street chief, pandora sailing at 6% according to $117 million. that is the good news but net income expected to drop 40% to $2 million. earnings per share could fall even more down 50%. the expectations are. pandora stock tumbled 4% last time i checked. maybe there's an upside surprise up 5% but stock down 50% since going public at $20 a share in june of last year and particularly wild ride. it is 12% after reporting upside results last quarter. what is the problem? some big guns may take aim at pandora's market. pandora and microsoft but also there is this. pandora pays a princely sum for music rights, performance fees and has a lot more than t
vida en china, sufre una enfermedad que deforÓo sus pies, le impide Úsar zapatos, fue sometido a una primera cirugÍa, se cree que comenzarÁ a caminar con mayor facilidad y usar calzado, y en 6 meses se serÁ operado por segunda vez. >>> y beckham confirmÓ que la final de la mls en el galaxy serÁ el Último partido de su etapa de 6 aÑos en el futbolde estados unidos. el adiÓs al galaxy, no significa el fin de de su carrera, no se preocupen, fanÁticas de beckham, dijo que la decisiÓn de dejar la liga en estados unidos, es para afrontar un nuevo desafÍo, dijo que cree que puede jugar, no hablÓ de planes futuros, se limitÍo a decir que pasarÁ navidad en inglaterra con su familia, quÉ serÁ, le tenemos un amigo que capaz tenga la respuesta. >>> llegÓ el momento de deportes nos acompaÑa alejandro. >>> bÁrbara y pamela cÓmo estÁn. >>> quÉ hay con beckham? >>> hubo rumores se dijo que iba a tener su talk show, pero parece que la cosa va por el fÚtbol europeo, hablando de francia, habrÁ que esperar, no hay nada confirmado, lo que esÁa confirmado que hay nuevo campeÓn de
a credit card in the name of our kids to the bank of china. we have to pay that money back. now it's 16.3. they're running out of money once again, so republicans are saying all right, we've got to eat our spinach, we've got to eat our broccoli. we've got to study, turn off the tv, turn off the video games and do our homework. is that as appealing as democrats saying free health care, free day care, we'll redistribute the wealth. i mean, it seems like there's a battle for the heart and soul of the country. where does america come down, and where was america traditionally? >> well, first let's address president obama's flip flop on his philosophy there when it comes to raising the debt ceiling. he certainly condemned president bush in those years of raising the debt ceiling, and then look at where he's taken this cufnlt he's taken us into a state of bankruptcy with his changed idea on it being a good thing to raise the debt ceiling. a very scary proposal was recently revealed by geithner essentially saying let the president have free rein on raising the debt ceiling to whatever level he
be dam sure that china mat change and there has been a warming up, what is open for ample and considerable debate is whether man is to blame for that and to then punish companies to then pay for a problem they may not be responsible for, in a dicey economic recovery globally, if that is what you call it, you are adding nonsense. >>guest: if we go back to the "old normal" the old normal was 1950s. we have had dramatic decrease in large or big tornadoes since the 1950's. hurricanes, dramatically down. drought, floods. the bottom line, they are even if we were talking about it, their solution is a carbon tax. their solution are e.p.a. regulations and a carbon tax is fund to be useful in addressing climate issues. however as the "washington post" notes in an editorial a few weeks ago it will "bring in serious money" $125 billion a year is what washington is drooling over at the moment. if they can use sandy and exploit the victims and tush science on its head and try to claim that global warming caused sandy they will do it to get "serious money" of $125 billion a year. there
that position in the '70s. he went to china instead. that was not a hardship post but it wasn't the grand lovely post that you get as the u.k. that residence there is beautiful. >> andrea: switch gears. talk about eck land and france. switch gears to go across the pond and talk about a headline says it's the nation's joy but a husband's nerves. kate expectations. the princess is pregnant. i know you are excited about the story. do you think we are obsessed with her as well? i can see why the british do it. is it too much? >> bob: yes. it's too much. i can look at her for a long time. the dude next to her is sort of ugly. outside of that. we're getting absorbed with. this sending anchors over to cover someone pregnant. what are they going to cover. >> andrea: they do it because it sells, right? people are interested. >> dana: in america, too. i subscribed a couple years ago to the hollywood magazines it. you can't open one for not buying a picture of her. i like to follow her as well. i'm happy for them. i definitely do not want to follow nine months of a pregnancy. >> andrea: what do you think?
reserve? if they don't have borrowing power, they do not have debt. that we cannot borrow money from china. let's do away with it. everybody buckle down for a decade and let's get this thing came down. host: let's go to our next caller in massachusetts. the democrats line. caller: looking at the fiscal cliff, we go back to 2001 with the lowering of the tax rates, meant to create jobs. but in the past 10 or 11 years, we have not had any job creation whatsoever. we keep going back and hearing over and over again that it's going to cost jobs. we do not have jobs to begin with. businesses are out to make money. if consumers do not have money to spend, then you can lower their taxes to 0%. they still cannot spend because they do not have any income. guest: i think that is a great point. it brings up one thing we have not mentioned yet. the payroll tax cut is about to expire. if that expires, every paycheck in the country is going to go down about $1,000 on january 1st. that would hurt consumption. it would hurt the customers of businesses. the president has proposed to extend that. i think that
. the rocket broke apart and pell into the ocean shortly after liftoff. now other nations, including near china and russia are urging the north koreans don't follow through with another launch. saying this would violate united nations security council restrictions. well, it's now early morning in egypt and the nation is bracing for a day of potentially enormous demonstrations against the president's recent power grab there protesters have been rallying against president mohammed morsi for two weeks ever since he granted himself near absolute authority. a few days ago. lawmakers who support morsi hastily drafted and then passed a brand new constitution that could strengthen his grip. keep in mind president morsi of egypt has a lot of followers. he won a democratic election earlier thisser i don't. he is effectively making himself a dictator and the fact point to exactly that today 11 of egypt's largest newspapers suspended all operations over upcoming referendum vote. steve harrigan live in cairo for us. steve? >> shepard, these opposition protesters behind me on tahrir square are calling for pe
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with that ad saying jeep was shipping american jobs to china. >>> finally a toddler takes in cnbc's fiscal cliff talk. >> that's like young kids who say they like me saying let's play "hardball." that's going viral obviously. >>> up next, 44% of a certain group of americans tell pollsters seceding from the union might be a good idea. who are these people in half the republicans think a.c.o.r.n. which no longer exists stole the election. wait until you see these stats. it's like jay walking with jay le leno. i don't know who these people are. anyway, "hardball," the place for politics, coming up. maybe new buildings? what about updated equipment? they can help, but recent research shows... ... nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. customer erin swenson bought so, i'm happy. today. sales go up... i'm happy. it went out today... i'm happy. what if she's not home? (together) she won't be happy. use ups! she can get a text alert, reroute... even re
. there's a lot of problems out in the world and you know, raw materials depend a lot on china. we don't buy a lot of commodity companies. technology we go -- we go case-by-case and sec particular trends that worry people a lot and have maybe made some of those cheap. microsoft at 26 is a wonderful cash-generating battleship that is not going to be made obsolete by ipads. by ipads, indeed. wally, thank you. women leave it there appreciate it. >> thanks a lot. >> ty, to you. >> sue, 27 days to go until the fiscal cliff deadline and new data out showing one sector is pulling back their investments amid the uncertainty. phil lebeau in chicago with the story. phil? >> talking about business owners flat-out spooked about the economy, about the fiscal cliff and about whether or not there's going to be any certainty any time soon. we will explain and have the latest numbers coming up on "power lunch." i gave birth to my daughter on may 18th, five days later, i had a massive heart attack. bayer aspirin was the first thing the emts gave me. now, i'm on a bayer aspirin regimen. [ male announcer
your debt, weak issue too much debt. if everyone heads to the door like china and other is, our debt is really going to go up. host: should the raising of the debt ceiling be tied to these overall conversations or is that too dangerous? you talk about people shied away from your debt. caller: yes. you are going to have a tipping point that people are blind to. since 1847 with popular delusions and the madness of crowds when you get a contagion in there, you do not know what is going to be. people are going to run for the door. it is just stupid. they should have done the tax cuts first and then see if they need to raise taxes. the more sound policy is to cut some savings first to even see if we have to raise taxes. host: here is the statement put out by the white house yesterday. it actually promises to lower rates for the wealthy and sticks the middle class with the bell. bill. susan in pennsylvania, a democratic caller. welcome to the conversation. caller: what i am thinking is the bush tax cuts or a huge disaster. why don't we simply ask everyone to pay back what they got in the b
is broke. china owns us and we are sending our young men and our money to afghanistan and we're going to cut programs right here in america for the american people. . the american people need to put the pressure on congress to bring our troops home now and not wait until december of 2014. mr. speaker, i assure you if we start bringing them home in december of 2014, it will become 2015 and it will become 2016 and how many more families have to cry about their loved ones being killed in a war that has no end to it? mr. speaker, today i would like to submit for the record, i will ask unanimous consent the names of 28 american service members who have been killed in the last few weeks. thank you, mr. speaker. mr. speaker, again i ask the people to look at this poster and realize that this war is costing us in so many, many ways. the most important our young men and women who are dying. if you agree with me that we need to bring our troops home before the current december 2014 deadline, please go to www.bringthemhome201.com, and sign the petition. mr. speaker, i have been to walter reed an
has two two -- [inaudible] where do syria people expect to go -- china, russia, support the assad's regime? >> we noted the opposition made gains, the assad continues to lose control over syria. it is no mystery that we were disappointed in the failure of the security council because of a lack of agreement by some members to take actionings through -- actions through the council with assad and work with our international partners to pressure assad and assist the people of syria and the opposition, that that work continues. >> represent china? >> i think i addressed that question. >> thank you, sir. >> john? >> thank you. the world's financial community is watching this fiscal cliff process closely with concern. the parties fail to reach a deal before jan -- january 1, what assurances do you have that america will not default on its debt? >> well, we addressed the issue of the debt ceiling, and the president's firm belief it is unconceivable that -- and unacceptable that leader in congress want to engage in brinksmanship witnessed in 20 # 11 on the issue of making sure the united s
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